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Question Practice

What is the mathematical relationship for short run average cost (SAC)?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Economics
Introductory Microeconomics
Production And Costs
Question Bank

What is the mathematical relat...

Single Answer MCQ
Q-00089488

What is the mathematical relationship for short run average cost (SAC)?

1

SAC = TVC/Q

2

SAC = TC/Q

3

SAC = TFC/Q

4

SAC = AVC + AFC

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